Automotive Transmission Sensor Market, Demand, Innovations, Applications and Growth

Automotive Transmission Sensor: Introduction

• Automotive transmission system of an automobile consists of multiple sensors that help in the smooth functioning of the transmission unit. These sensors transmit information to the transmission control unit in order to ensure optimum performance by the transmission unit of the vehicle.

Key Drivers of Automotive Transmission Sensor Market

• Rise in penetration of sensors in the vehicle transmission to enhance the fuel efficiency is likely to increase the demand for automotive transmission sensors in vehicles. Rise in demand for high performance vehicles is offering opportunities to improve vehicle engine efficiency. The spread of COVID-19 pandemic across the globe is prompting consumers to buy new vehicles, which is likely to boost vehicle sales across the globe and subsequently, propel the demand for automotive transmission sensors. Rising adoption of advanced driver assistance system technology and the introduction to autonomous vehicles are expected to propel the automotive transmission sensors market across the globe.
• Rising vehicle electrification across the globe is likely to increase the penetration of transmission sensors in vehicles, which in turn is anticipated to fuel the automotive transmission sensor market. Increase in use of sensors in the vehicle is likely to prompt vehicle manufacturers to install sensors in the vehicle transmission system, which is anticipated to boost the automotive transmission sensor market across the globe.

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Europe & Asia Pacific to Hold Significant Share of Global Automotive Transmission Sensor Market

• Europe is projected to account for a significant share of the global automotive transmission sensor market due to stringent rules and regulations regarding vehicle emission norms enacted across the region. Europe has presence of major original equipment manufacturers as well as tier-1 suppliers who have major facilities that undertake research & development regarding the transmission sensor, which is likely to propel the automotive transmission sensor market across the globe.
• Followed by Europe, Asia Pacific is projected to account a significant share of the global automotive transmission sensor market due to an increase in sale of vehicles across the region. Rising demand for fuel-efficient vehicles across Asia Pacific is likely to drive the automotive transmission sensor market in the region.

Key Players Operating in Automotive Transmission Sensor Market

The global automotive transmission sensor market is expanding consistently, as a large number of players operate in the market. A few of the key players operating in the automotive transmission sensor market are:

• Robert Bosch GmbH
• EFI Automotive
• Hella GmbH & Co. KGaA
• Allison Transmission Inc.
• ZF Friedrichshafen AG
• Sensata Technologies Inc.
• Allegro Microsystems
• Delphi Automotive Plc
• Continental AG
• Elmos Semiconductor
• Denso Corporation
• CTS Corporation
• General Electric
• Infineon Technologies Inc.
• Sensata Technologies Inc.
• Schneider Electric
• Yokogawa Electric Corporation
• Hitachi Automotive Systems

Global Automotive Transmission Sensor Market: Research Scope

Global Automotive Transmission Sensor Market, by Type

• Temperature Sensor
• Pressure Sensor
• Transmission Speed Sensor
• Others

Global Automotive Transmission Sensor Market, by Vehicle Type

• Passenger Vehicle
• Light Commercial Vehicle
• Heavy Duty Trucks
• Bus & Coach
• Other

Global Automotive Transmission Sensor Market, by Transmission Type

• Manual Transmission
• Dual Clutch Transmission
• Continuously Variable Transmission
• Automated Manual Transmission

Global Automotive Transmission Sensor Market, by Sales Channel

• OEM
• Aftermarket

Global Automotive Transmission Sensor Market, by Region

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Nordic Region
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • ASEAN
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

• Customer Experience Maps
• Insights and Tools based on data-driven research
• Actionable Results to meet all the business priorities
• Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.